Gold Trading Strategy, April 10-11

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📊Judging from the recent trend, gold has rebounded from the rapid correction at the daily level, forming a bottoming-out and rebounding structure. Although the current trend is strong, the volatility and time cycle of gold have accelerated due to the impact of the tariff war. If bullish sentiment continues to rise, the subsequent target price may be close to the 3200 line.

📊On the 4-hour chart, the gold price has broken through the historical high, and the moving average system shows a bullish arrangement, indicating that gold still has the potential to rise further. In the short term, it is more reasonable to go long when the gold price pulls back to the support level.

🔴Resistance level:
-First: 3185-3190
-Second: 3200

🟢Support level:
-First: 3136-3140
-Second: 3100

✅Intraday trading strategy
🔰Gold Sell: 3185-3190
Target: 3160-3150, if it breaks, look to 3140
🔰Gold Buy: 3136-3140
Target: 3165-3175, if it breaks, look to 3185

🔹Trading strategies are time-sensitive. We will provide members with real-time and accurate trading strategies based on market changes. Stay tuned🤝

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